Russian debt default: experts explain what it means for Russia and for global financial markets
Professor Rodrigo Olivares-Caminal writes for the Conversation Russia’s recent default on its foreign debt.
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Russia’s recent default on its foreign debt – its first since 1918 – has been hailed as proof that the sanctions imposed by western governments since the invasion of Ukraine in February are working.
Rodrigo Olivares-Caminal, Professor of Banking and Finance Law at Queen Mary University of London, writes on the significance of the defaults from a legal perspective.
Read the full article on The Conversation.
More information:
- Professor Olivares-Caminal is Co-Director of Queen Mary's Institute for Global Law, Economics and Finance.